Are you a Financial Adviser looking to retire or exit from Financial Services with as little as £10m FuM to £100m FuM?

The Company

Our client has its head office based in London however has acquired a series of IFA firms across the UK including a few in the South West of England covering Cornwall and Somerset . They are tech savvy, whilst still maintaining a traditional approach to financial advice.

The company are directly authorised offering independent financial advice. They have a centralised investment proposition, but deals will not be contingent on moving acquired clients to their CIP and they will retain current charging structures.

Therefore, with open architecture this will enable clients to stay invested on existing investment mandates

The firm have strong financials and the Director is from a family office that has over £100m. Plus, they have private equity funding so very robust financials behind the company providing security over deferred payments.

They have a track record of previous acquisitions, where they have developed a tried and tested model of integrating clients with the support of the vendor who will meet or call the clients as part of the handover. They can put you in touch with vendors for testimonials.

Option – Sell and Go

This is ideal if:

  • You are considering retirement
  • You want a fair and highly competitive price for your client bank
  • You would like a structured, simple handover that is sensitive to your clients
  • You only want to deal with a financially sound and reputable Independent Financial Advisory firm
Value  
  • Generally a multiple of 3.5x to 4x of ongoing fee income.
  • Typical deal structure of 50% upfront on completion, 25% at 12 months and 25% at 24 months

Benefits

  • Independent Financial Advice
  • Open architecture to leave clients on existing mandates
  • Deals are non-contingent to moving clients to centralised investment proposition
  • Honour existing charging structures during the deferred buyout period
  • Tried and tested acquisition model which will enable smooth transition of clients to maximise retention
  • If interested, they will look to provide HOTs following an initial meeting to show their intent and then look to progress quickly thereafter
  • Happy with both share and asset purchases

Criteria

  • Will consider deals from £10m FuM to £100m FuM
  • No Minimum average holdings per household
  • Clean compliance record with no / few upheld complaints
  • Preference for asset purchases, however will consider share purchases

Locations

Nationwide

Call us now on 0208 0044 162 or click Apply

Liability and Disclaimer

The information contained in our advert including any valuation calculations and percentage of up front and deferred payments are given in good faith and Premier Jobs UK Ltd uses all reasonable efforts to ensure that it is accurate. However, Premier Jobs UK Ltd gives no representation or warranty in respect of such information and all such representations and warranties, whether express or implied, are excluded. No liability is accepted by Premier Jobs UK Ltd for any loss or damage which may arise out of any person relying on or using any information within this advert.

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